The Planktos Science team has reformed following its earlier suspension of business and dissolution of its association with Solar Energy and Planktos Corp. (Earlier post.) Planktos had intended to use ocean iron fertilization to stimulate the growth of plankton and enhance carbon capture with a view to selling carbon credits.
The founders and people of Planktos dissolved all association with Planktos Corp. and Solar Energy as of February 2008. The decision of SOLAR to not complete the original funding agreement whereby the Planktos team was to the join forces with it to create and operate the public company and other difficulties were cited as the reason for the dissolution.
The new company Planktos Science, based in the San Francisco Bay area with affiliate offices in Canada and the European Union, will proceed with its work on “Ecorestoration” of damaged ecosystems both at sea and on land. The company expects to be able to “regain its momentum having shed the substantial burdens of being a public company.”
The need to engage in ecorestoration to bring our natural ecosystems back to some part of the health they enjoyed as recent as a few decades ago has never been more urgent. The blizzard of reports on the rapidity of the collapse of the ocean ecosystem in particular is terrifying, we can only hope that we might repair some of the harm already done and growing more critical. A timid conservation only ethic will simply serve to render us spectators in the demise of a habitable planet.—Russ George, President/CEO/Chief Scientist